Description
Investment Opportunity in Mojave, CA Exceptional opportunity to own an 8-unit residential income property in the growing community of Mojave, California, offered at $650,000. Conveniently located near the Mojave Air & Space Port, Highway 14, and public transportation, this property offers strong upside potential for both investors and owner-operators. This unique multi-unit property features a desirable layout where most units do not share common walls, providing added privacy and a more desirable living experience for tenants. Two units are currently leased with excellent tenants already in place, creating immediate income while still leaving significant opportunity for future rental growth and value-add improvements. Property Highlights: 8 residential units with strong rental potential Convenient access to the 14 Freeway and public transportation Close proximity to Mojave Air & Space Port and local employers Many units offer private-style living with minimal shared walls Excellent opportunity for investors seeking long-term upside Notable Unit Features: 16039 L St - Spacious 2-bedroom unit featuring laundry hookups inside, a newer roof, and an updated kitchen and bathroom. 16049 L St Unit C - Fully renovated interior completed in 2025, including a newly remodeled kitchen and bathroom, plus in-unit laundry hookups. 16037 L St - Includes convenient in-unit laundry hookups. With strong future potential, flexible unit layouts, and continued growth in the Mojave area, this property presents an outstanding opportunity to add value and increase cash flow over time. Perfect for investors looking to capitalize on the expanding High Desert rental market.
Details
| MLS # | SR26108389 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1944 |
| Days On Site | 107 |
| Listing Provided By | J & V Real Estate Group Inc. | Virginia Meza |
Features
| SQ Feet | 3,863 |
|---|---|
| Story(s) | 1 |
| Units | 8 |
| Building(s) | 7 |
| Acreage | 0.35 |
| Property View | Yes |
Interior
| Cooling | Energy Star Qualified Equipment |
|---|---|
| Heating | Energy Star Qualified Equipment |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Gas Range |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Zero To One Unit Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Kern |
| City | Mojave |
| Zip Code | 93501 |
| Area | MOJV Mojave |
| Listing VS Median (in 93501) | |
Price: $650,000 low | high Med: $279,000 sqft: 3,863 low | high Med: 1,344 $ / sqft: $168 low | high Med: $208 On site: 107 low | high Med: 72 | |
Market Activity 93501
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Learn More About This Property
| State | CA |
|---|---|
| County | Kern |
| City | Mojave |
| Zip Code | 93501 |
| Area | MOJV Mojave |
| Listing VS Median (in 93501) | |
Price: $650,000 low | high Med: $279,000 sqft: 3,863 low | high Med: 1,344 $ / sqft: $168 low | high Med: $208 On site: 107 low | high Med: 72 | |
